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Friday, July 22, 2005

Its quite interesting, but the most fascinating thing for me was the fact that you used to play Matka. I am trying my luck in this field.. So if u have some tricks to guess the winning number for Bombay or Kalyan, plz help me out with that

my reply

hi chanakya,

first of all let me tell you I love goa :))

If your investments amount is less you can play matka or play online 15 rajlakhsmi lotto...

If you are investing long term, with hard earned money ... I suggest you avoid matka and try investing in long term equities in the stock market...

cheers

satish

now more on Matka :))

Matka is a form of gambling that originated in Mumbai or Bombay as it wasknown then.

It started around the same time as the closure of the cotton exchangefigures of opening and closing that used to be transmitted to India and wasgambled on.

It was started by a gentleman called Ratan Khatri. The way it operated wasvery simple.

Mr Khatri would draw three cards at 9:00pm and the face value of the cardswould be totalled up.

for example if the three cards were the Ace of Spades, five of hearts and 9of clubs. The opening number would be a sum of the three cards 1+5+9 = 15The opening number would be 5 the display on the walls of selected siteswould show a "matka" or pot with the following legend

1595x

if 2, 3 and 4 was the next three cards drawn at 12 midnight,the finaldisplay a few minutes after mid night would be1595x9234

betting takes place or used to take place on all the numbers, i.e. 159 or234 or 59 or even 5 or 9 or the whole nine yards (all of them). bettin on 5or 9 know as the open and close in this example are the only returns i knowof, for a 25 paise bet the returns were Rs 2.25.

The bookies and it operated on kind of franchise, ( sorry MCDonalds we hada franchise before you) if the betting was heavy on particuar numberandthe punters won bookies were known to have disappeared overnight.

The term in Bombay - "Matka lagi" signifying a windfall originates here.Of course it wasnt legal but who knows it was possibly the precursor oforganised crime.

There is no system and of course for a small sum of money you could buy tipsheets for the gullible. There is no system save two to make money on theMatka.

First bet on either the open or close numbers. If a bet does not paydividends, double your bet for the same number the next day and keepdoubling until the payout. One of the ten numbers does have to show up. Thepossibility of picking a pair and its permutations and combinations would behorrendous enough to send a Cray into a tailspin.

The second system I keep the money to your self it will grow if u dontthrow it away :-)

Inputs courtesy Ravi (Bombay Central)My freind PAkoo's uncle Gokul used to run a Matka adda in Shivaji Nagar (Behind I. C Church) and my Friend Bala still plays it non stop since 15 yrs.... the biggest matka he has had was winning 750 bucks on a 5 bucks game .... He is my guide on this subject, For me its pure mathemathics and permu n Combu , and some excel sheets :)) ......... I guess i'm more into into P/e, Reserves, Bonus games and stock tips :))